Focus on greenwashing has heightened regulatory risk for ESG funds, managers
Research finds institutional investors' strategies, portfolios increasingly driven by ESG concerns
Both asset values and client flows could be challenged in year ahead
The company is moving away from property operations to refocus its business as an investment manager
Challenging markets have led to lower assets, sales
The firm also plans to migrate $14 billion of Aligned Capital assets to its in-house custody platform
Shareholders approved plan to spin off asset management business
Strategic revamp delays profitability, carries execution risk
The partnership aims to heat up competition in responsible investment
PMAC found that 19% of member firms are allowing employees to work remotely full time